Airport In Srinagar Classified As Major Airport
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Highlights:
♦ By exercising the powers provided by Subsection I of Section 2 of the Airports Economic Regulatory Authority of India Act, 2008, the airport was designated as a major airport.
♦ Amit Shah, the Union Home Minister, had earlier inaugurated international flight operations at Srinagar airport on October 23.
♦ The first direct international flight connecting Srinagar, Sharjah, and the United Arab Emirates was launched (UAE).
♦ The Airports Economic Regulatory Authority will set the tariff for aeronautical services at Srinagar Airport as a result of this decision (AERA).
Airports Economic Regulatory Authority (AERA)
♦ As a statutory entity, AERA is a regulatory agency under the Government of India. It sets tariffs, as well as other costs and fees, for major airports.
♦ The Airports Economic Regulatory Authority of India Act (AERA) of 2008 formed it.
♦ Tariffs and taxes charged to airports and passengers are regulated by this agency. It also keeps track of service quality.
Tariff By AREA
♦ Under section 13 of the Airports Economic Regulatory Authority of India Act, 2008, AERA has been tasked with determining tariffs for aeronautical services provided at major airports.
♦ Tariffs at non-major airports are set by the Airports Authority of India (AAI). The AAI is a department of the Ministry of Civil Aviation.
